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UP RERA Mandates Disclosure of Collection Account Details on its Portal

Summary by realtynmore.com

Noida, April 4, 2025: The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has moved to strengthen transparency in the real estate sector, mandating disclosure of collection account details for all active projects on its portal. Homebuyers’ payments must be deposited only in the project’s designated collection account, it has said. Misappropriation of funds by promoters will now attract strict legal consequences As per the Real Estate (R…

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realtynmore.com

UP RERA Mandates Disclosure of Collection Account Details on its Portal

Noida, April 4, 2025: The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has moved to strengthen transparency in the real estate sector, mandating disclosure of collection account details for all active projects on its portal. Homebuyers’ payments must be deposited only in the project’s designated collection account, it has said. Misappropriation of funds by promoters will now attract strict legal consequences As per the Real Estate (R…

15 hours ago

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realtynmore.com broke the news in 15 hours ago on Friday, April 4, 2025.

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